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Medina heads ribbon-cutting on US$90M biomass power plant

San Pedro, Dominican Republic.- President Danilo Medina on Tuesday headed ribbon-cutting on the San Pedro Bio-Energy power plant, built at a cost of more than US$90 million, of which 55 million came from local banks.

Power plant president Pedro Vélez said the facility will use about 400,000 tons of bagasse and around 100,000 tons of leucaena.

“San Pedro BioEnergy (SPBE) is a pioneer in alternative energy generation. Biomass is used as fuel, with a capacity of 30 MW of electricity,” he said.

Velez said SPBE is so modern and efficient, that it could also generate energy through natural gas or coal, if need be. “We’re at the only power plant in the country that can produce energy with more than 4 different fuels.”

He also said it’s the first time a power plant of this magnitude in the country is financed exclusively by local banks.

Source: DT

April 27, 2016

Category: DR News |

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Last updated October 22, 2016 at 2:00 PM
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